Finance Explainers
For help navigating the world of loans, finances and banking, find the latest guides from our team. With a wide range of helpful articles, guides and explainers, we’ll help you understand the lingo around loans, making sense of the terms and processes you might encounter when considering a loan.
We want to help everyone feel better informed, confident and comfortable when considering or applying for a loan, so explore our articles and guides to learn about the different types of loans and borrowing options through our financial explainer guides.
We keep up to date with the latest tips, trends and developments in the loan and personal finance markets, to help you stay informed and updated. If you want to understand more about our range of personal loans to support your financial position, get in touch today and our team will be happy to help.
Estimated reading time: 4 minutes
A credit limit refers to the total amount you can spend on your…
You may not receive the rate advertised because the representative…
Interested in applying to borrow money, and potentially get an…
Subject to status will mean that you will have to adhere to certain…
A soft credit search is a type of credit check…
A payslip is a formal document (usually one page) which is given…
Underwriting is a process that loan companies or finance providers…
A loan is in underwriting when it reaches the final stages of…
A credit check is carried out by a lender or provider before…
APR stands for the ‘Annual Percentage Rate’ and is the simplest…
